TATA Starbucks - Lead - Real Estate & Strategy

Job Summary and Mission:

The position plays a crucial role in supporting the Real Estate team with strategic market analysis, financial intelligence, and execution of property-related activities. This role ensures efficient decision-making for new store openings (NSO), manages lease renewals, and handles renegotiations and relocations, contributing to the company's growth and operational efficiency.

Job Requirements:

- Educational Qualifications - Bachelor's degree in Real Estate, Business Administration, Finance, or related field. A master's degree or relevant certifications are advantageous.

- Work Experience - 8-12 years of experience in real estate management, property development, or a related field, preferably in the retail or QSR industry.

- Industry Experience - Proven experience in real estate support roles with a focus on strategic market analysis and lease management.

Detailed Job Description:

Strategic Support:

- Support the Real Estate Team in analyzing Market Holding Capacity to facilitate decision-making for new store openings (NSO).

- Coordinate with the Network Planning Analyst and Operations teams to share insights and learnings with the Real Estate team.

- Collaborate with the Finance business partner to share intelligence on occupancy cost learnings and their impact on strategic planning.

Execution:

- Lead and manage all lease renewals, ensuring timely and cost-effective negotiations as renewal volumes increase year over year.

- Handle renegotiations and relocations of store leases to optimize occupancy costs and align with strategic business objectives.

Desired Knowledge, Skills & Abilities:

- Real Estate Management: Extensive experience in real estate management, including lease renewals, renegotiations, and relocations.

- Market Analysis: Strong ability to analyze market data and collaborate with network planning and operations teams for strategic decision-making.

- Financial Acumen: Solid understanding of financial principles related to real estate, with the ability to collaborate effectively with finance teams.

- Negotiation Skills: Proven negotiation skills with the ability to achieve favorable terms in lease renewals and property relocations.

- Stakeholder Communication: Excellent communication and interpersonal skills to effectively interact with internal teams and external partners.

- Project Management: Strong project management skills to oversee multiple real estate projects simultaneously and deliver results within established timelines.

- Strategic Thinking: Ability to align real estate activities with broader business strategies and objectives.